no extra.inducement equity awards
-
)”.Scholar Rock Files New Employee Inducement Grants Under Nasdaq Rule 5635(c)(4)
words.Scholar Rock (NASDAQ: SRRK) granted inducement equity awards to two new executives—4,457 stock options and 3,343 restricted stock units—under its 2022 Inducement Equity Plan, subject to Nasdaq Listing Rule 5635(c)(4). The options have a $45.25 exercise price and vest 25% after one year, then quarterly; the RSUs vest annually over four years. The awards dilute shareholders by ~0.4% of float and will increase compensation expense. The move aims to attract talent to advance the apitegromab program for SMA and other rare neuromuscular disorders, amid strong biotech market momentum.
